Alberta Investment Management Corp Makes New Investment in Concentra Group Holdings Parent, Inc. (NYSE:CON)

Alberta Investment Management Corp acquired a new stake in Concentra Group Holdings Parent, Inc. (NYSE:CON) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,136 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CON. Empowered Funds LLC purchased a new position in Concentra Group Holdings Parent in the fourth quarter valued at approximately $49,000. Nisa Investment Advisors LLC acquired a new stake in Concentra Group Holdings Parent during the 4th quarter worth $59,000. GAMMA Investing LLC purchased a new stake in Concentra Group Holdings Parent in the fourth quarter valued at $64,000. BNP Paribas Financial Markets acquired a new position in Concentra Group Holdings Parent in the third quarter valued at $105,000. Finally, EMC Capital Management purchased a new position in shares of Concentra Group Holdings Parent during the fourth quarter worth about $122,000.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on CON shares. Bank of America upped their target price on Concentra Group Holdings Parent from $24.00 to $25.00 and gave the company a “buy” rating in a research report on Thursday, January 23rd. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $30.00 target price on shares of Concentra Group Holdings Parent in a report on Thursday, January 23rd. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Concentra Group Holdings Parent presently has an average rating of “Buy” and a consensus price target of $28.63.

Concentra Group Holdings Parent Stock Performance

Concentra Group Holdings Parent stock opened at $22.93 on Friday. The business has a 50 day simple moving average of $21.60 and a 200-day simple moving average of $21.74. Concentra Group Holdings Parent, Inc. has a 12 month low of $18.89 and a 12 month high of $24.81. The company has a debt-to-equity ratio of 5.20, a quick ratio of 1.52 and a current ratio of 1.52.

Concentra Group Holdings Parent Company Profile

Concentra Group Holdings Parent, Inc provides occupational health services in the United States. The company offers occupational and consumer health services, including workers’ compensation injury care, urgent care, clinical testing, preventative care, and employer services, as well as wellness programs through occupational health centers and onsite clinics.